SHARPE
Reported results
- For Q3 2026, GAAP net loss attributable to common stockholders was $98.8 million, or basic net loss per common share of $0.92.
- Non-GAAP earnings available for distribution was $50.3 million, or non-GAAP earnings available for distribution per common share of $0.47 for Q3 2026.
- Book value per common share was $6.74 as of September 30, 2026, compared to $8.03 as of June 30, 2026.
- GAAP net interest income was $33.9 million for the third quarter of 2026.
- Non-GAAP effective net interest income was $53.9 million for Q3 2026.
- As of September 30, 2026, the debt-to-equity ratio was 7.6x and the non-GAAP economic debt-to-equity ratio was 8.3x.
Price and volatility reaction
The stock moved -2.4% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved +2.1 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 5.44 | 2026-10-29 |
| Close after release | 5.31 | 2026-10-30 |
| Realised move | -2.4% | close to close |
| 30d ATM IV change | +2.1 vol pts | constant-maturity series, not the front expiry |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-10-29 (8-K, Item 2.02). Read the original filing on sec.gov.